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Store Cash Inflows & Outflows

You can view details of your stores sources of cash and uses of cash. For a retail store, the major source of cash is cash sales, while cash is used for expenditures like supplier payments, rent, utilities, salaries, etc.

If you are maintaining your stores expenditure incurred on salaries, supplier payments, utilities, and other miscellaneous expenses in Nimbus, store closing will give you an accurate picture of your store’s cash situation.

Lets learn about how cash inflow details are created in Candela Nimbus.

Click on the cash flows details button.

Store cash details

Total cash in hand details are reflected in Store Cash Details Section.

The system will generate a record of cash flows till the store closing date.

Store Cash Inflows

Cash in flow

The system automatically picks cash inflows from various screens:

Customer Receipt is picked from Accounts>Customer Receipt and it is the amount received from credit customers.

From HO: If any amount is received from the HO during the period being closed, it will be reflected here. The system will automatically pick this amount from Accounts>Account Transaction screen.

From Bank:If any amount is received from banks during the period being closed, it will be reflected here. The system will automatically pick this amount from the Account>Account Transactions.

Note: This inflow is charged to Bank account.

& Skimmed Cash: Refer to cash closing entries on the Shift Management screen. You can click ‘details‘ button to see details of the cash submitted and skimmed cash.

Misc. Income: Show inflows against these accounts entered on the Account Transaction screen.

Note: This inflow is charged to miscellaneous income head.

Store Cash Outflows

The system automatically picks cash outflows from various screens:

Cash out flow

Expenses are all expense entered on the Account>Account Transaction screen under the account head ‘Expense’

Supplier Payment: This field reflects the payments made to suppliers. This includes cash payments made to supplier at the time of receiving stock on GRN screen.

Note: Store closing screen will not show payments made to suppliers (whether in cash or through bank transfer) on Supplier Payment Screen.

Cash to HO: Any cash submitted to the HO during the period being closed.

Cash to Bank: Any cash deposited in the Bank during the period being closed.

: Cash given as opening balance or for any other purpose to POS

Note: If there are more than one POS you can click detail button to check details of cash given to different POS.

Cash Difference is shown in Store Cash Difference Detail section.

Store cash difference details

Total Cash Difference is the sum total of difference at both store and registers.

in Store Closing

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